Qlm Announces £12M Series-A Funding And Strategic Collaboration With Schlumberger To Advance Detection Of Greenhouse Gas Emissions
Amount Raised
£12 Million
Round Type
Series A
CardiffOil And GasDescription
QLM Technology Ltd, a UK-based photonics technology company with headquarters in Cardiff and operations in Bristol and San Francisco, announces the closing of its Series-A funding and the signing of a Collaboration Agreement with Schlumberger. With support from Innovate UK, QLM has developed a new type of LiDAR camera based on quantum technology that can see and accurately quantify greenhouse gas emissions. The gas imager enables customers to monitor, detect and accurately locate and quantify Greenhouse Gas (GHG) emission sources for rapid repair. A related version of the product enables remote quantification of flare efficiency
Quick answer
QLM raised £12 Million in a Series A round, dated August 4, 2022. QLM is based in Cardiff, Wales, United Kingdom.
- How much did QLM raise?
- QLM raised £12 Million in a Series A round on August 4, 2022.
- What does QLM do?
- With support from Innovate UK, QLM has developed a new type of LiDAR camera based on quantum technology that can see and accurately quantify greenhouse gas emissions.
- Where is QLM based and how big is it?
- QLM is based in Cardiff, Wales, United Kingdom.
Source: Fundz verified event record.
Who else raised in Oil And Gas around the same time
Companies in the same sectors as QLM that raised within 45 days of this round, from Fundz verified event records.
- SYN 19 raised $100K (Pre-Seed) on September 15, 2022.
- Boss HOG Resources raised $53M on September 14, 2022.
- NEXT Renewable Fuels, Inc. raised $700K on September 12, 2022.
- Kinetic Pressure Control Ltd raised $4.3M (Seed) on September 9, 2022.
- Texo Energy #2 raised $200K (Seed) on September 9, 2022.
- Titan Cloud raised an undisclosed amount (Corporate Round) on September 8, 2022.
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Funding Insights
What this usually meansQLM raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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